SHOP:NYE-Shopify Inc. Class A Subordinate (USD)

EQUITY | Software - Application | New York Stock Exchange

Last Closing

USD 107.7

Change

+0.59 (+0.55)%

Market Cap

USD 3.28B

Volume

6.60M

Analyst Target

USD 1,099.72
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Shopify Inc provides cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. The Company's platform provides merchants with a single view of their business and customers across all of their sales channels.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2025-05-29 )

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ETFs Containing SHOP

XIT:CA iShares S&P/TSX Capped In.. 24.78 % 0.61 %

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CAD 0.72B
ESGA:CA BMO MSCI Canada ESG Leade.. 9.46 % 0.00 %

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ARKD EA Series Trust - ARK 21S.. 9.40 % 0.00 %

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USD 4.04M
FDIU:LSE First Trust Dow Jones Int.. 9.11 % 0.00 %

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USD 4.08M
BWEB Bitwise Funds Trust - Bit.. 8.43 % 0.00 %

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FDNI:LSE First Trust Dow Jones Int.. 7.81 % 0.00 %

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CBUV:XETRA iShares Metaverse UCITS E.. 7.38 % 0.00 %

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IXTE:CA Invesco S&P/TSX 60 ESG Ti.. 7.31 % 0.00 %

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CAD 3.42M
XCAN:SW 7.22 % 0.00 %

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IBUY:AU 6.13 % 0.00 %

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TECI:CA TD Global Technology Inno.. 6.13 % 0.00 %

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CAD 8.27M
VCE:CA Vanguard FTSE Canada 5.74 % 0.06 %

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CAD 2.15B
ZIU:CA BMO S&P/TSX 60 Index ETF 5.55 % 0.00 %

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CAD 0.09B
XIU:CA iShares S&P/TSX 60 5.53 % 0.18 %

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CAD 16.33B
CNDX:CA Global X S&P/TSX 60 Index.. 5.52 % 0.00 %

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CAHEUA:SW UBS(Lux)Fund Solutions .. 5.22 % 0.00 %

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CANCDA:SW UBS(Lux)Fund Solutions .. 5.22 % 0.00 %

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CANUKD:SW UBS(Lux)Fund Solutions .. 5.22 % 0.00 %

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USD 7.58M
CSCA:SW iShares VII PLC - iShares.. 5.21 % 0.00 %

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USD 1.22B
HCAN:SW HSBC MSCI Canada UCITS ET.. 5.20 % 0.00 %

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ETSX:CA Evolve S&P/TSX 60 Enhance.. 5.02 % 0.00 %

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ARCK:LSE ARK Innovation UCITS ETF .. 4.99 % 0.00 %

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ARKK:LSE ARK Innovation UCITS ETF .. 4.99 % 0.00 %

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CLO:LSE Global X Cloud Computing .. 4.74 % 0.00 %

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USD 2.95M
ICTE:CA Invesco S&P/TSX Composite.. 4.72 % 0.00 %

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CAD 0.97M
ZCN:CA BMO S&P/TSX Capped Compos.. 4.68 % 0.05 %

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CAD 9.99B
CL0U:XETRA Global X Cloud Computing .. 4.68 % 0.00 %

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USD 0.04B
LEAD:CA Evolve Future Leadership .. 4.65 % 0.00 %

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CAD 0.01B
VCN:CA Vanguard FTSE Canada All .. 4.62 % 0.06 %

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CAD 8.71B
DXID:CA Dynamic Active Innovation.. 4.59 % 0.00 %

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BYOB 4.52 % 0.00 %

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XIC:CA iShares Core S&P/TSX Capp.. 4.49 % 0.06 %

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CAD 15.15B
CAHCHA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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CAHGBA:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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CAHUSA:SW 4.11 % 0.00 %

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CAHGBD:SW UBS(Lux)Fund Solutions .. 4.11 % 0.00 %

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AOTG AOT Growth and Innovation.. 3.98 % 0.00 %

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USD 0.05B
ARCI:LSE ARK Artificial Intelligen.. 3.62 % 0.00 %

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ARKI:LSE ARK Artificial Intelligen.. 3.62 % 0.00 %

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AAKI:XETRA ARK Artificial Intelligen.. 3.14 % 0.00 %

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SPTE SP Funds Trust 1.45 % 0.00 %

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ALFA 0.00 % 0.65 %

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ARKK ARK Innovation ETF 0.00 % 0.75 %

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USD 5.62B
ARKW ARK Next Generation Inter.. 0.00 % 0.75 %

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EWC iShares MSCI Canada ETF 0.00 % 0.47 %

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HEWC 0.00 % 0.03 %

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HEX:CA 0.00 % 0.84 %

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IXUS iShares Core MSCI Total I.. 0.00 % 0.11 %

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FTXD 0.00 % 0.60 %

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QCE:CA Mackenzie Canadian Large .. 0.00 % 0.06 %

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CAD 0.16B
QCN:CA Mackenzie Canadian Equity.. 0.00 % 0.06 %

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CAD 1.84B
EDGE:CA Evolve Innovation Index F.. 0.00 % 0.60 %

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OGIG O'Shares Global Internet .. 0.00 % 0.48 %

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DRMC:CA Desjardins RI Canada - Ne.. 0.00 % 0.29 %

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CAD 0.04B
DRFC:CA Desjardins RI Canada Mult.. 0.00 % 0.57 %

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CAD 0.21B
EBIZ Global X E-commerce ETF 0.00 % 0.00 %

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USD 0.07B
FCCQ:CA Fidelity Canadian High Qu.. 0.00 % 0.39 %

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CAD 0.27B
NFAM:CA 0.00 % 0.00 %

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XESG:CA iShares ESG Aware MSCI Ca.. 0.00 % 0.00 %

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CAD 0.46B
CLOU Global X Cloud Computing 0.00 % 0.00 %

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USD 0.36B
GIGE 0.00 % 0.00 %

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CCAU:LSE iShares VII PLC - iShares.. 0.00 % 0.00 %

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TLTD FlexShares Morningstar De.. 0.00 % 0.39 %

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USD 0.50B
XCG:CA iShares Canadian Growth I.. 0.00 % 0.55 %

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CAD 0.11B
XEN:CA iShares Jantzi Social Ind.. 0.00 % 0.55 %

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CAD 0.13B
QCD:CA 0.00 % 0.45 %

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MCLC:CA Manulife Multifactor Cana.. 0.00 % 0.45 %

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CAD 0.33B
IDEV iShares Core MSCI Interna.. 0.00 % 0.03 %

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FLCA Franklin FTSE Canada ETF 0.00 % 0.09 %

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FNG 0.00 % 0.82 %

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CSCA:LSE iShares VII Public Limite.. 0.00 % 0.00 %

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HCAD:LSE HSBC ETFs Public Limited .. 0.00 % 0.00 %

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HCAN:LSE HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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XCAD:LSE Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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HCAN:PA HSBC MSCI Canada UCITS ET.. 0.00 % 0.00 %

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D5BH:F Xtrackers - MSCI Canada U.. 0.00 % 0.00 %

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H4ZR:F HSBC ETFs Public Limited .. 0.00 % 0.00 %

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SXR2:F iShares VII PLC - iShares.. 0.00 % 0.00 %

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USD 1.07B
UIM9:F UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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USD 1.17B
2B79:XETRA iShares Digitalisation UC.. 0.00 % 0.00 %

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USD 1.01B
D5BH:XETRA Xtrackers MSCI Canada ESG.. 0.00 % 0.00 %

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ETLH:XETRA L&G Ecommerce Logistics U.. 0.00 % 0.00 %

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H4ZR:XETRA 0.00 % 0.00 %

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SXR2:XETRA iShares VII PLC - iShares.. 0.00 % 0.00 %

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UIM9:XETRA UBS ETF SICAV - MSCI Cana.. 0.00 % 0.00 %

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ESGC:CA Invesco S&P/TSX Composite.. 0.00 % 0.00 %

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CAD 0.06B
PFAE:CA Picton Mahoney Fortified .. 0.00 % 0.00 %

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XCSR:CA iShares ESG Advanced MSCI.. 0.00 % 0.00 %

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CAD 0.29B
FCCM:CA 0.00 % 0.00 %

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TMEC:CA 0.00 % 0.00 %

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WTEJ:XETRA WisdomTree Cloud Computin.. 0.00 % 0.00 %

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LCG Sterling Capital Focus Eq.. 0.00 % 0.00 %

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USD 0.03B
VFIN 0.00 % 0.00 %

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EDGE-U:CA Evolve Innovation Index F.. 0.00 % 0.00 %

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CCEI:CA CIBC Canadian Equity Inde.. 0.00 % 0.00 %

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CAD 0.49B
ZACE:CA BMO U.S. All Cap Equity F.. 0.00 % 0.00 %

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CAD 0.05B
FCSI:CA Franklin ClearBridge Sust.. 0.00 % 0.00 %

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CAD 4.71M
WTEJ:F WisdomTree Cloud Computin.. 0.00 % 0.00 %

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CINV:CA CI Global Alpha Innovatio.. 0.00 % 0.00 %

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CAD 6.09M

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.29% 72% C 63% D
Dividend Return N/A N/A N/A N/A N/A
Total Return 1.29% 72% C 59% D-
Trailing 12 Months  
Capital Gain 83.98% 90% A- 98% N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return 83.98% 90% A- 97% N/A
Trailing 5 Years  
Capital Gain 42.12% 51% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 42.12% 49% F 45% F
Average Annual (5 Year Horizon)  
Capital Gain 12.03% 67% D+ 75% C
Dividend Return 12.03% 66% D+ 71% C-
Total Return N/A N/A N/A N/A N/A
Risk Return Profile  
Volatility (Standard Deviation) 60.98% 25% F 12% F
Risk Adjusted Return 19.73% 59% D- 39% F
Market Capitalization 3.28B 98% N/A 98% N/A

Key Financial Ratios

  Ratio vs. Industry/Classification (Software - Application) Ratio vs. Market (New York Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 82.53 48% 7%
Price/Book Ratio 11.92 24% 8%
Price / Cash Flow Ratio 80.81 15% 3%
Price/Free Cash Flow Ratio 102.95 13% 2%
Management Effectiveness  
Return on Equity 16.15% 84% 79%
Return on Invested Capital 7.71% 83% 57%
Return on Assets 7.08% 93% 87%
Debt to Equity Ratio N/A N/A N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

Superior Revenue Growth

This stock has shown top quartile revenue growth in the previous 5 years compared to its sector.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.